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Video: What is a Stock Split?
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Mattel, Inc. is a global toy company and owner of catalogs of children's and family entertainment franchises. Co.'s operating segments include North America, International and American Girl. The North America and International segments sell products across its categories, although some products are developed and adapted for particular international markets. The American Girl segment is a direct marketer, retailer, and children's publisher. Its product categories include Dolls; Infant, Toddler, and Preschool; Vehicles, and Action Figures, Building Sets, Games, and Other. According to our MAT split history records, Mattel has had 5 splits. | |
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Mattel (MAT) has 5 splits in our MAT split history database. The first split for MAT took place on November 18, 1991. This was a 5 for 4
split, meaning for each 4
shares of MAT owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1250 share position following the split. MAT's second split took place on June 03, 1992. This was a 3 for 2
split, meaning for each 2
shares of MAT owned pre-split, the shareholder now owned 3 shares. For example, a 1250 share position pre-split, became a 1875 share position following the split. MAT's third split took place on January 10, 1994. This was a 5 for 4
split, meaning for each 4
shares of MAT owned pre-split, the shareholder now owned 5 shares. For example, a 1875 share position pre-split, became a 2343.75 share position following the split. MAT's 4th split took place on January 23, 1995. This was a 5 for 4
split, meaning for each 4
shares of MAT owned pre-split, the shareholder now owned 5 shares. For example, a 2343.75 share position pre-split, became a 2929.6875 share position following the split. MAT's 5th split took place on March 04, 1996. This was a 5 for 4
split, meaning for each 4
shares of MAT owned pre-split, the shareholder now owned 5 shares. For example, a 2929.6875 share position pre-split, became a 3662.109375 share position following the split.
When a company such as Mattel splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the MAT split history from start to finish, an original position size of 1000 shares would have turned into 3662.109375 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Mattel shares, starting with a $10,000 purchase of MAT, presented on a split-history-adjusted basis factoring in the complete MAT split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
12/11/2014 |
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End date: |
12/09/2024 |
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Start price/share: |
$31.15 |
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End price/share: |
$19.13 |
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Starting shares: |
321.03 |
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Ending shares: |
373.52 |
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Dividends reinvested/share: |
$3.95 |
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Total return: |
-28.54% |
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Average Annual Total Return: |
-3.30% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$7,148.66 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/11/2014 |
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End date: |
12/09/2024 |
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Start price/share: |
$31.15 |
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End price/share: |
$19.13 |
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Dividends collected/share: |
$3.95 |
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Total return: |
-25.91% |
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Average Annual Total Return: |
-2.95% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$7,411.73 |
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Years: |
10.00 |
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Date |
Ratio |
11/18/1991 | 5 for 4
| 06/03/1992 | 3 for 2
| 01/10/1994 | 5 for 4
| 01/23/1995 | 5 for 4
| 03/04/1996 | 5 for 4
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